Astros' George Postolos resigns

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  1. truebluefan

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    George Postolos resigned as president and CEO of the Houston Astros on Monday, returning to sports consulting work in the midst of the team's third consecutive season of struggles.

    Postolos worked for seven years with Houston businessman Jim Crane to buy a sports franchise and it wound up being the Astros. He had been Astros president and CEO since November 2011.

    "I am very proud of what Jim accomplished with my help -- acquiring a major league franchise with a strong and diverse ownership group, developing and implementing a good plan for the team's future, and assembling a first-rate management team," Postolos said. "I look forward to helping other investors pursue their objectives in sports knowing that Jim and the Astros organization are off to a great start and well positioned for future success."

    The successes have been rare of late for Houston. The Astros entered Monday night's game in Detroit at 10-28, the worst record in the major leagues, and Houston batters had struck out a big league-high 381 times.

    Read more http://espn.go.com/mlb/story/_/id/9270570/george-postolos-houston-astros-president-ceo-resigns-post
     

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